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FridaySep 12, 2008 6:48 am

OriginOil, Inc. (OOIL.OB) May Solve Oil Crisis with Breakthrough Technology

Who would have thought that seaweed was valuable? The answer is nobody. Nobody except for Origin Oil, that is. Origin Oil may have come up with a groundbreaking technology that that will transform algae, one of the world’s most promising sources of renewable oil, into a true competitor with petroleum. The California-based company, incorporated in Nevada in 2007, explains that much of the world’s oil and gas is made up of ancient algae deposits. The technology developed at Origin will produce “new oil” from algae, through a cost-effective, high-speed manufacturing process. Perhaps the most unique feature of Origin’s plan is…

FridaySep 12, 2008 6:16 am

Commodities Weaken as U.S. Dollar Strengthens

The commodity secular bull trend has tanked into a cyclical bear market as money flows into the strengthening dollar. And it's taken down commodity stocks. Hardest hit are oil related shares, particularly drillers. Brazilian oil producer Petroleo Brasileiro (NYSE: PBR) has plunged 45 percent from its $77 high earlier this year to $43 Thursday, after hitting a 52-week low of $36 Wednesday afternoon. Similarly U.S. drillers have been hit from their highs: Baker Hughes (NYSE: BHI) is down 35 percent; Schlumberger (NYSE: SLB) has fallen 25 percent and transporter Transocean (NYSE: RIG) is off 28 percent. Farming and metal stocks…

FridaySep 12, 2008 6:01 am

Charming Shoppes Inc. (CHRS) has that Personality Customers Love

Headquartered in Bensalem, Pennsylvania, Charming Shoppes, Inc. is a multichannel specialty apparel retailer. They primarily focus on apparel for plus-size women. The company lists and trades on the NASDAQ and is the parent company of four store brands: Lane Bryant, Fashion Bug, Catherines Plus Sizes, and Petite Sophisticate. They also have their Crosstown Traders, Inc., which is a direct marketer of women's apparel. Founded in 1940, Charming Shoppes Inc. operates 2,409 stores in 48 states, as of February 2, 2008. Their corporate mission is to be the company known for celebrating the lives and fashion image of women wearing plus…

FridaySep 12, 2008 5:58 am

Star Gas Partners LP (SGU) is Shining Bright for Their Shareholders

Founded in 1995, Star Gas Partners, L.P. is America's largest retail distributor of home heating oil. They are also a service provider and have their corporate headquarters in Stamford, Connecticut. The company operates three divisions: Petro Oil Division, Meenan Oil Division, and Leffler Energy Division. Overall, Star Gas Partners serves markets in Connecticut, Massachusetts, New York, Rhode Island, Maryland, New Jersey, Pennsylvania, Washington, D.C., and Virginia. Founded in 1903, the Petro Oil Division is the nation’s leading provider of home heating oil. Their founder, M.A. Fessler, invented the first oil burner to take advantage of the crude oil discoveries in…

ThursdaySep 11, 2008 5:19 pm

Innospec Inc. (IOSP): Powering the Energy and Chemical Industries

Innospec (IOSP) is a maker of additives and other specialty chemicals to oil refineries and other chemical and industrial companies worldwide. The company's three primary areas of business are: fuel specialties, active chemicals, and octane additives. The fuel specialties unit makes additives used in a variety of fuels for automobile, marine and various other engines. The active chemicals business supplies surfactants and emollients for personal care and other chemical companies, while the octane additives unit produces tetra ethyl lead for use in automotive gasoline. Innospec also has an environmental cleanup operation that helps rehab old factories. In 2007, fuel specialties…

ThursdaySep 11, 2008 2:18 pm

China Precision Steel, Inc. (CPSL) Releases Strong Preliminary Fiscal Year 2008 Results

China Precision Steel, Inc. (CPSL), a cold-rolled steel processing company in China, reported preliminary fiscal year 2008 financial results this afternoon after the close. The company expects to achieve $87.7 million in sales, an increase of 62.6% year-over-year from $54.0 million. Analysts expected 2008 revenues of $75.4 million. China Precision Steel expects gross profit for 2008 to be $22.5 million, an improvement of 49.6% from $15.0 million in 2007. Fourth quarter revenue is expected to be approximately $28.5 million, an increase of 70% year-over-year from $16.8 million. “Our record results for the full year are attributable to an increase in…

ThursdaySep 11, 2008 1:22 pm

NeoMedia Technologies, Inc (NEOM.OB) Joins with Format Dynamics to Work Toward Online and Offline Advertising Ideas

NeoMedia Technologies, Inc. (OTCBB: NEOM) and Format Dynamics, Inc. announced a working partnership today which plans to move a wide range of media and communication companies into mobile advertising. "Advertisers are demanding more accountability from their media investments as overall ad budgets shrink," said Format Dynamics CEO Ethan Holien. "By teaming up with NeoMedia, we are providing advertisers with a unique channel for targeting consumers, yielding precise ROI metrics. At the same time, we're providing Web publishers with net-new, measurable inventory for incremental revenue.” NeoMedia technology uses barcodes to hyperlink printed materials to mobile web content, while Format Dynamics' CleanPrint™…

ThursdaySep 11, 2008 1:19 pm

Microsoft Signs on with NewMarket Technology, Inc. (NMKT.OB) For South American Contract

NewMarket Technology, Inc. (OTCBB: NMKT) announced its regional subsidiary, RKM IT Solutions, has been contracted by Microsoft to install and operate its System Center. RKM IT will install and implement the virtual and physical System Center IT environment for an unnamed petrochemical company in Venezuela. RKM IT is already an established presence in the South American company. It is Microsoft’s fourth largest account reseller and an Enterprise Software Advisor throughout the continent for corporate clients with 250 PCs or more. NewMarket itself provides certified systems integration, maintenance and support services for standards from Microsoft, Oracle, Infor, Cisco Systems, SAP, Siebel,…

ThursdaySep 11, 2008 1:18 pm

R&D Funds from Canadian Govt. Propel Norsat International, Inc. (NSATF.OB) Innovation

Norsat International, Inc. (OTCBB: NSAT) announced that it has received a $5.97 million repayable investment from the Canadian government and will use it in research and development of new products. Some of the future development objectives for Norsat include: components that operate in extreme hot and cold temperatures; flat antenna technology for improved portability of satellite systems; consoles easy for non-technical users to operate; as well as more products for the wireless communication market. "The support we have received through the federal government is instrumental … as it enables us to cost-effectively complete the R&D necessary to further the technology…

ThursdaySep 11, 2008 12:53 pm

Xethanol Corporation (XNL) is “One to Watch”

Xethanol Corporation is a diversified renewable energy company dedicated to the production of ethanol and related products. They produce these products in manufacturing facilities close to major urban markets, using raw materials readily available in those areas. The company also produces distiller's wet grains, a byproduct of the corn-to-ethanol process. Founded in 2000, Xethanol Corporation trades on the American Stock Exchange (AMEX) as part of the Waste Management industry in the Industrial Goods sector. Their current market capitalization is $9.16 million. The company takes a different business approach when it comes to ethanol production. Corn is the primary raw material…

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